CloudBench Applications, Inc.
TSX VENTURE : CBH

CloudBench Applications, Inc.

May 27, 2009 17:10 ET

CloudBench Applications Announces Executive Change

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 27, 2009) - CloudBench Applications, Inc. (TSX VENTURE:CBH) ("CloudBench" or the "Company") today announced that Clive Daniel has resigned as CFO of the Company and has been replaced by Ian Power, a director of the Company since July 2008. Before joining the Company, Mr. Power held CFO positions with several local companies including Strand Capital Corp., Pender Growth Fund (VCC) Inc. and Norsat International Inc.

"We would like to thank Clive for his efforts with the company over the last three years especially his assistance with the sale of our enterprise software business in 2008. We wish him well in his future endeavors," said President and CEO, David Roberts.

About CloudBench Applications, Inc.

CloudBench Applications, Inc. develops, sells and supports BasicGov, an affordable web-based software used by small to medium-sized local governments to streamline their permits and inspections, code enforcement and planning processes. BasicGov is the only web-based software for local governments built on the Force.com platform, the backbone of web-based solutions used by more than 50,000 organizations worldwide. BasicGov software requires only an Internet connection and a browser. Users pay a monthly subscription fee of US$119 per module and no capital investment is required.

Forward-Looking Statements

Certain statements in this news release are not historical and may constitute forward-looking statements reflecting CloudBench Applications, Inc.'s current expectation in the local government sector. These statements are subject to important risks, uncertainties and assumptions concerning future conditions that may ultimately prove to be inaccurate and may differ materially from actual events or results.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this press release.

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